SSB
Price:
$92.07
Market Cap:
$9.25B
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house,...[Read more]
Industry
Banks - Regional
IPO Date
1997-01-28
Stock Exchange
NASDAQ
Ticker
SSB
According to SouthState Corporation’s latest financial reports and current stock price. The company's current ROE is 8.60%. This represents a change of 297.14% compared to the average of 2.17% of the last 4 quarters.
The mean historical ROE of SouthState Corporation over the last ten years is 7.78%. The current 8.60% ROE has changed 10.54% with respect to the historical average. Over the past ten years (40 quarters), SSB's ROE was at its highest in in the March 2021 quarter at 3.11%. The ROE was at its lowest in in the June 2020 quarter at -1.89%.
Average
7.78%
Median
8.93%
Minimum
2.60%
Maximum
9.90%
Discovering the peaks and valleys of SouthState Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 281.48%
Maximum Annual ROE = 9.90%
Minimum Annual Increase = -66.97%
Minimum Annual ROE = 2.60%
| Year | ROE | Change |
|---|---|---|
| 2024 | 9.08% | 1.63% |
| 2023 | 8.93% | -8.60% |
| 2022 | 9.77% | -1.28% |
| 2021 | 9.90% | 281.48% |
| 2020 | 2.60% | -66.97% |
| 2019 | 7.86% | 3.96% |
| 2018 | 7.56% | 99.34% |
| 2017 | 3.79% | -57.52% |
| 2016 | 8.93% | -4.93% |
| 2015 | 9.39% | 22.59% |
The current ROE of SouthState Corporation (SSB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.26%
5-year avg
8.06%
10-year avg
7.78%
SouthState Corporation’s ROE is less than Comerica Incorporated (10.29%), less than Webster Financial Corporation (9.96%), less than First Horizon Corporation (9.99%), less than UMB Financial Corporation (9.73%), less than Old National Bancorp (8.28%), less than Wintrust Financial Corporation (11.55%), less than Western Alliance Bancorporation (12.79%), less than Cullen/Frost Bankers, Inc. (15.29%), less than Citizens Financial Group, Inc. (6.80%),
| Company | ROE | Market cap |
|---|---|---|
| 10.29% | $10.76B | |
| 9.96% | $10.37B | |
| 9.99% | $11.75B | |
| 9.73% | $8.80B | |
| 8.28% | $8.76B | |
| 11.55% | $9.14B | |
| 12.79% | $9.37B | |
| 15.29% | $8.16B | |
| 6.80% | $24.00B |
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